Armenians Continue Protest Despite Suspension of Power Price Rise

Name: Armenians Continue Protest Despite Suspension of Power Price Rise
Uploaded: 2015-06-29T21:20:22+03:00
Duration: 49 s
Description: Thousands of Armenians launched a second week of protests on Monday against a hike in electricity prices, rejecting the government's concession to suspend the increase temporarily. The government decided on Saturday to cover the price rise out of sta

5 29.06.2015

Thousands of Armenians launched a second week of protests on Monday against a hike in electricity prices, rejecting the government's concession to suspend the increase temporarily. The government decided on Saturday to cover the price rise out of state funds, rather than increase customers' bills, until an independent audit of the electricity supply company is completed. The state regulatory commission decided in mid-June electricity prices paid by the public should rise from Aug. 1, after the distribution company, a subsidiary of Russian firm Inter RAO, said it was needed because of a decline in the dram currency.  

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